All Forum Posts by: Masashi Borges-Silva

You are right about the zip codes.  I will delete the zip codes.

I am new to wholesaling and would like to share the results of my market research. My goal is to engage in remote wholesaling, so I am in the process of building a system that only requires internet access, a laptop, and a phone.

Before investing in any county and assembling my team, I need to understand which counties are experiencing growth and have market activities such as housing supply, motivated sellers, and buyers (fix-flippers and buy-and-hold investors). Currently, my research is focused solely on the population growth rate and I have not delved into the specifics of market activities, housing supply, motivated sellers, and buyers. I plan to conduct further research in these areas to determine the most suitable options for my circumstances.

I used the 2020 Census Demographic Data Map Viewer to find a new market out of state. The criteria I used are as follows:

1. Landlord-friendly states,
2. Counties with a population growth exceeding 30% between 2010 and 2020,
3. Counties with a population of more than 300,000 in 2020,
4. Counties that are not located on a coastline to eliminate the risk of tsunamis.

The results are as follows:

A total of nine counties were found in five different states. Texas had five counties that met the criteria, while Florida, Virginia, Colorado, Tennessee, and Ohio each had at least one county that met the criteria.

Osceola County in Florida (Zip 12097)

Osceola County (Zip 12097) showed the highest population growth rate of 44.65%. In 2010, the county's population was 268,685, and it grew to 388,656 in 2020. This county is inland, and the closest major city is Tampa.

County in Texas (Zip 48491)

Texas had the most counties that met all the criteria. The highest population growth between 2010 and 2020 in Texas was in Williamson County (Zip 48491), with a growth rate of 44.08% (422,679 in 2010 and 609,017 in 2020). The lowest population growth (30.04%) in Texas was in Collin County (Zip 48085), which saw the population increase from 782,341 to 1,064,465 between 2010 and 2020. This is the only county that exceeds a population of 1,000,000 and meets all the criteria.

Counties in Virginia, Colorado, and Tennessee

Loudoun, Virginia (Zip 51107), showed a population growth rate of 34.79% between 2010 and 2020 (from 312,311 to 420,959).

Weld, Colorado (Zip 08123), showed a population growth rate of 30.12% between 2010 and 2020 (from 252,825 to 328,981).

Rutherford, Tennessee (Zip 47149), showed a population growth rate of 30.04% between 2010 and 2020 (from 262,604 to 341,486).

In conclusion, the market research for remote wholesaling has identified several counties across different states that meet the specified criteria of population growth and other factors. Osceola County in Florida and Williamson County in Texas have shown the highest population growth rates, while Loudoun County in Virginia, Weld County in Colorado, and Rutherford County in Tennessee have also exhibited significant growth. These counties present potential opportunities for engaging in remote wholesaling, considering their population growth.

Further research is needed to delve into the specifics of housing supply, motivated sellers, and buyers in these counties to determine the most suitable options for the circumstances. With the right approach, these counties may offer promising prospects for a successful wholesaling venture.

If anyone has any thoughts, questions, or additional insights on this topic, please feel free to share them in the comments below. Let's have a discussion and learn from each other's experiences.

@Elizabeth Pebody

Congratulations on your first post! It's great to see someone taking the leap into real estate investing. Whether you're a seasoned investor or just starting out, the decision to invest in real estate can seem daunting at first. But with the right mindset, strategy, and connections, it can also be incredibly rewarding.

I'm glad to hear that you're considering Roanoke Virginia as a potential location for your first investment. Roanoke is a vibrant city with a strong economy and a diverse range of investment opportunities. From single-family homes to multi-unit properties, there's something for every investor in Roanoke.

One thing to keep in mind as you explore your options is the importance of doing thorough research and due diligence. Make sure to carefully evaluate any properties you're considering and to familiarize yourself with the local market conditions. And don't be afraid to seek out advice and guidance from experienced investors in the area.

All that said, I'm confident that you'll find success in your real estate endeavors, especially with the enthusiasm and determination you're already showing. So keep up the good work, and don't hesitate to reach out if you have any questions or if you're interested in connecting with others in Roanoke. Best of luck to you!

@Thomas Whelchel
I wanted to congratulate you on your first post in the online real estate forums! It's always exciting to see people taking steps towards their financial goals and it sounds like you've been doing just that. Being a pro member for a few months and already connecting with a helpful local agent is a great start. It's also smart to focus on 2-4 unit properties as they can be a great source of cash flow.

It's great to hear that you've also been engaging with the community and taking advantage of the forums. The real estate journey can be a challenging one and it's always helpful to have a support network to rely on. In this community, you'll find a wealth of knowledge and experience that can help you along the way.

I wish you all the best in your real estate adventure! Keep up the great work and don't hesitate to reach out to the community for help or advice. We're all here to support each other in achieving our financial goals.

Best regards!

@Gabrielle VanCopeland

Congratulations on your first post in this online real estate forum! It takes courage to step out of your comfort zone and start engaging with other professionals in the industry. Your enthusiasm for networking is truly inspiring, and I'm sure you'll find plenty of opportunities to connect with like-minded individuals in your area.

It's always beneficial to seek out local meetups or groups where you can network with other real estate investors and professionals. You never know what kind of relationships you might build and how they could help you in your career. I encourage you to keep an eye out for any relevant events or groups in your area and to attend as many as possible.

As you continue on your real estate investing journey, I wish you all the success and growth that comes with it. Remember that networking is just one piece of the puzzle, and always keep learning and seeking out new opportunities to expand your knowledge and expertise. Good luck, and I look forward to seeing your future posts in this forum!

@Kuzi Matambo Dumont
I wanted to take a moment to congratulate you on your first post in this online real estate forum! It's exciting to see new members like yourself taking the initiative to reach out and seek guidance on investing in real estate. I know it can be overwhelming to navigate the world of real estate, especially when it comes to reaching out to mentors and coaches.

The fact that you're willing to ask questions and seek guidance is a great sign that you're on the right track. I completely understand how it can feel like you don't want to bother anyone or don't even know what questions to ask, but let me assure you that you're not alone in feeling this way. Many new investors struggle with the same thing.

The key is to not let that stop you from seeking the guidance you need to succeed. Don't be afraid to ask questions, reach out to mentors, and seek guidance from coaches. The real estate community is filled with experienced investors who are more than happy to help newcomers like yourself.

I wish you all the best in your real estate journey. Keep asking questions and seeking guidance, and you'll be well on your way to success in no time!

@Ashica Tyler

First of all, congratulations on your first post! It takes a lot of courage to share your thoughts and ideas with others, especially when you are new to something. Your enthusiasm for residential real estate is inspiring, and I'm sure you will do great things in this field.

I'm glad that you are local to Raleigh, NC, where you own and operate Spa/Salon Suites. It's always an advantage to have knowledge and experience in the local market. I believe that being a developer and using the BRRRR method is a smart way to start your journey as an investor. It's a proven strategy that can help you build a portfolio and generate passive income.

Remember, success in real estate is not an overnight achievement. It takes hard work, dedication, and a willingness to learn from others. But I have no doubt that you have what it takes to make it happen. Keep pushing forward, and don't be afraid to ask for help or guidance along the way.

Once again, congratulations on your first post, and best of luck in your new venture!

Welcome back to the real estate industry, @Tyler J Currie. It's fantastic to see your post and to hear about your background in urban planning and housing policy. Congratulations on diving back into real estate with a focus on wholesaling - it's an exciting and lucrative aspect of the industry.

I'm thrilled to hear that you're halfway through your licensing course and that you're already seeking a mentor who can guide you through the complexities of wholesaling. Finding a mentor is a great idea, as it will help you to learn from someone who has already been through the process and can offer valuable insights and advice. I am working on finding a wholesaling mentorship, and I found Jamil Damji and his mentorship program. It’s a worth to check it out if you are interested in wholesaling.

I'm sure that your knowledge and experience in housing policy will be a huge asset as you explore the world of wholesaling. There are many opportunities out there for investors interested in distressed properties, and I'm confident that you will be able to find success in this area.

As someone who is passionate about real estate and always looking to learn more, I look forward to connecting with you and hearing about your experiences. Wishing you all the best on your journey towards becoming a successful wholesaler!

@Exiquio Cooper-Anderson

Congratulations on your first post and for taking the initiative to learn more about real estate investment! It's always great to see people taking control of their financial future and working towards their goals.

I understand how frustrating it can be to work with an agent who does not have your best interest in mind. It takes a lot of courage to admit mistakes and learn from them, and I admire your attitude towards self-improvement.

Real estate investment can be a daunting task, especially if you are new to the field. However, seeking knowledge from experts in the field can assist you in building a successful portfolio. Your goal of purchasing a second home for rental purposes is a great way to start building a stream of passive income that can ultimately change the general trajectory of your financial wellbeing.

I commend you on your dedication and eagerness to learn more, and I'm confident that with the right mindset and approach, you'll achieve the success you're aiming for. Remember that the real estate community is here to support you every step of the way. Don't hesitate to ask any questions or share any updates - we're all in this together! Best of luck on your journey towards growing your portfolio and achieving your financial goals.